Colin Agabalinda’s Post

WE MADE IT! The great team from Ministry of Water managed to submit 22 Climate Resilient Proposals to Africa Development Fund - Climate Action Window on Mitigation. We started with 24 draft proposals, but we comfortably managed to submit 22 by 00:40 (+3GMT) just two hours before deadline – after spending 8 consecutive days and draining numerous pots of coffee. The total value of the 22 projects is USD 77.9million. It was indeed an honour to provide technical lead and facilitate such an amazing process.   WAIT A MINUTE: Assuming our facilitator (GIZ) invested USD 50,000 (not sure) to facilitate the process of drafting the 22 proposals (USD 77.9million) – what a great value for investment! Even if only one proposal was funded; say valued at USD 3million, the value for investment is rather HUGE! I urge all other partners to support such an amazing process! It’s a paradigm shift. This is what the Africa Water Investment Programme (Continental Africa Water Investment Programme - AIP) is all about –partnering to leverage more resources for a water climate resilient Africa! IN THE PICTURE The remnant team cheering the submission of the LAST proposal @00:40 (+3GMT)   Global Water Partnership Global Water Partnership Southern Africa Global Water Partnership Tanzania Continental Africa Water Investment Programme - AIP Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH African Ministers' Council on Water (AMCOW) International Water Management Institute (IWMI) 2030 Water Resources Group The World Bank World Resources Institute UNDP IHE Delft Institute for Water Education SEI — Stockholm Environment Institute Japan International Cooperation Agency (JICA) KOICA Agence Française de Développement Development Bank of Southern Africa (DBSA) WRC South Africa USAID Southern African Development Community Secretariat African Development Bank Group KfW

How can we mobilise finance and investment to reach climate goals? 🎯 Two new rapid evidence reviews explore financing solutions to build a more sustainable world, each addressing unique challenges and opportunities in different regions. 🌍In ‘Senegal's Carbon Finance and Article 6: Current Standing, Opportunities, and Challenges in Mobilising Carbon Markets’ André van der Hoven and Nick Rahier explore the progress towards mobilising carbon markets in Senegal. The report finds that Senegal is making strides in leveraging carbon markets, and has secured agreements with Switzerland and Norway to monetise emissions reductions. These efforts are crucial in providing financial support to climate mitigation and adaptation efforts. Despite this progress, Senegal faces challenges in scaling up its carbon market activities, due to high costs associated with Monitoring, Reporting and Verification (MRV) systems. 🌏In ‘Leveraging Private Investment in the Pacific’, Rachel V Cooper looks at the investment opportunities and needs in Pacific Small Island Developing States (SIDS). The report finds that Pacific SIDS are some of the world’s most vulnerable to climate change, but lack sufficient funding to support needs, especially in funds for climate adaptation. Although Pacific SIDS have ambitious renewable energy targets, they require significant private sector investment to mobilise towards these targets. To date, the investment has been limited. Mobilising investment into blue economy, and exploring blended finance initiatives, green bonds and regional financing facilities could provide pathways to support climate adaptation in the region. Curious about how finance can drive sustainable development? Click here to read both reports in full 👇 https://linktr.ee/k4dd #COP29 #ClimateFinance #CleanEnergy #RenewableEnergy #BlueEconomy #ClimateAdaptation #BlendedFinance #ImpactInvesting #SIDS Sustainology High-Level Climate Champions United Nations Global Compact Sagar Kalra Pacific Islands Development Program Sustainable Finance in the Indo-Pacific Development Network (SUFIP DN) Neha Khanna Joliba Institute Adjaratou Toutane W. Adja Fatou Ndiaye DIENG

🌍 Leadership in Climate Finance: Why Taxonomy Development is Key As climate risks intensify, it has become increasingly clear that effective climate finance frameworks must align public and private sector efforts. A critical tool for achieving this is the development of green finance taxonomies—frameworks that define what qualifies as sustainable investments and climate adaptation finance. In Uganda, the development of the national green taxonomy is designed to guide financial institutions, government entities, and investors toward sustainable projects that build resilience against climate change. 💡 Why this matters: A taxonomy provides a common language, enabling financial markets to channel investments into truly sustainable projects, enhancing transparency and reducing the risk of greenwashing. Private sector engagement: Establishing clear criteria for climate adaptation finance encourages private sector involvement by lowering risks and clarifying sustainable investment opportunities. Regional cooperation: As the national taxonomy is being developed, efforts are also underway through the East Africa Green Finance Taxonomy working group to align regional frameworks, supporting cross-border investments and unified climate action. This initiative is crucial for shaping the future of climate finance in Uganda and the region. By creating a clear and reliable system, we can ensure that finance flows to projects with real impact, bridging the gap between finance and climate action. #ClimateFinance #GreenTaxonomy #Sustainability #PrivateSectorFinance #ClimateAdaptation #Leadership #FinancialInclusion

🌦️Climate Finance Core Concepts Training🌱 A comprehensive two-day training event, designed for Government officials and key partners in #SierraLeone, aimed to deepen the understanding of #climatefinance. The event had 63 participants over two days, on 10 July and 11 July 2024. 📍 Location: Freetown, Sierra Leone. Key topics included: ✅Basic concepts of climate change, its impacts on agriculture and the country's commitments resulting from international climate agreements ✅Assessing existing climate finance needs and gaps and its application on agrifood systems ✅Sources of international climate finance ✅Accessing international climate funds ✅Carbon markets, their potential benefits for Sierra Leone and examples of best practices for voluntary carbon credits During this training, experts from #SierraLeone's Ministries of Agriculture, Finance, Environment, Fisheries, Local Government, and Water Resources, as well as commercial banks, European Commission International Monetary Fund FCDO Services UNDP Concern Worldwide and other key actors shared insights and strategies to mobilize climate finance. Coordination and data are essential! This was an incredible opportunity to learn, collaborate and take actionable steps towards a sustainable future for Sierra Leone while delving into climate finance's critical role in addressing climate change. #FeedSalone #SASI #Data #Coordination #SustainableDevelopment #ClimateAction #CarbonMarkets Amb. Benjamin Bockarie Laurie Manderino, PhD MÓNICA GONZÁLEZ BASTOS  Adeleke Invest Salone Government of Sierra Leone Gerald Hatler Astrid Agostini Atisha Kumar Gbessay Momoh Saeed A. Bancie Wayne Mitchell

The AIP International High-Level Panel on Water Investments for Africa will support the African Union Commission in convening a Global Event on Mobilising Commitments for Implementing the African Union High-Level Panel Investment Action Plan during World Water Week. 📅 Tuesday 27 August 2024 🏢 Radisson Blu Royal Viking Hotel Stockholm On the agenda: ✔ Initiate the process for establishing a knowledge co-investment platform, as part of the AU-AIP Multi-country Green Climate Fund Readiness Programme. ✔ Profile upcoming work in the 15 countries that will receive funding from the Green Climate Fund to develop climate-resilient water investment programmes. ✔ Highlight progress in mobilising investments by the African Union’s High-Level Panel and achievements of the AIP that aims to close the water investments gap.   ✔Showcase examples of investment opportunities, programmes, and projects from AU Member States. More information here https://lnkd.in/dRgRe_nP Alex Simalabwi AUDA NEPAD United Nations Capital Development Fund (UNCDF) UNDP Global Water Partnership Global Water Partnership Southern Africa

A good 3 minutes read on the launch of Capacity Building Initiative for Transparency Phase II (CBIT II) Project: On November 1, 2024, Uganda launched the Capacity Building Initiative for Transparency Phase II (CBIT II) project in Kampala, funded by the Global Environment Facility (GEF) with $1.5M. Building on the successes of CBIT Phase I, this phase aims to enhance Uganda’s capacity to meet the Enhanced Transparency Framework (ETF) under the Paris Agreement. Key goals include: ✅ Strengthening institutional and technical capacities for GHG data management. ✅ Improving data transparency, reliability, and reporting. ✅ Promoting gender-inclusive development. Dr. Alfred Okidi Okot highlighted the project’s role in advancing credible and accountable climate action, as Uganda works toward reducing GHG emissions by 24.7% by 2030. With continued collaboration, Uganda is setting a model for climate resilience and transparency in the region. #ClimateAction #Transparency #Uganda #ParisAgreement #CBIT #Sustainability #GHGReporting (Global Environment Facility - GEF), Implementing Agency (Conservation International), Executing Agency (Ministry of Water and Environment, Climate Change Department (CCD)), and Executing Support Partner (Africa Innovations Institute) Mrs. Margaret Athieno Mwebesa Francis Opolot Elizabeth Ahumuza Felly Mugizi Tusiime Cecilia Alonyo

Newsbite 📰 Kenya is creating an enabling environment to inspire confidence in investors and attract carbon finance in the country’s climate-positive growth drive. The country has marked notable strides by establishing robust legal and institutional frameworks through amending the Climate Change Act to incorporate carbon markets and is close to finalising regulations that provide clarity on implementation. According to Bianca Gichangi, a carbon markets expert and adviser at the Office of the Climate Envoy, Executive Office of the President of Kenya, Carbon markets are prioritised as a pivotal component of Kenya's climate-positive growth and carbon credits are envisioned as the next major export. Read more: https://lnkd.in/dbx6jB4Z #CarbonMarkets #CarbonTrading #ClimateAction #SustainableInvesting #ESG #GreenGrowthInitiatives #Kenya #Africa #ALNnewsbite

A new report reveals how one of Africa’s leading development banks is attempting to address the challenge of reducing its impact on nature and biodiversity. The report, titled “A case study on nature data” was commissioned by the African Natural Capital Alliance (ANCA) and co-published by the Development Bank of Southern Africa (DBSA) – a leading member of ANCA – and Oliver Wyman. The DBSA, inspired by the Taskforce on Nature-related Financial Disclosures (TNFD), is leading the way on how it can advance integrating nature and climate finance into its decision-making process. DBSA’s Head of ESG, siloshini naidoo emphasises the commitment to sustainable development in Africa, stating, "Our collaboration with ANCA and Oliver Wyman underlines our dedication to promoting long-term prosperity for the continent through environmentally conscious investments." One of the significant challenges highlighted in the report is how to assess the environmental impact of large-scale, complex linear infrastructure and scattered development projects. To address this, DBSA is developing a bespoke solution to classify projects based on their impact on natural habitats. For more insights, read the full report "A Case Study on Nature Data" https://lnkd.in/dr85feBF and join the movement towards responsible and sustainable banking practices in Africa. Working together for a greener and more prosperous Africa! #SustainableFinance #NatureConservation #FinancialInstitutions #AfricaDevelopment #BiodiversityAwareness.

An opportunity to present your research in Land Administration and Management

The Ministry of Green Economy and Environment - Zambia and the Swedish Energy Agency signed a Memorandum of Understanding (MOU)as a first step towards a potential bilateral agreement on #climatechange cooperation under Article 6 of the #ParisAgreement. The MOU signing is a result of efforts by the Supporting Preparedness for Article 6 Cooperation (SPAR6C) Program, led by the Global Green Growth Institute (GGGI) with GFA Consulting Group GmbH Consulting and UNEP Copenhagen Climate Centre as delivery partners in Zambia. #SPAR6C aims to catalyze investment in greenhouse emissions reductions by supporting its partners to enable transactions of Internationally Transferred Mitigation Outcomes (ITMOs) as allowed under Article 6 of the Paris Agreement. Over the past two years, Zambia has released its carbon market policy framework and is in the process of developing several mitigation activities with the support of SPAR6C. Details about this partnership: https://lnkd.in/daEdkpz2 #GreenGrowth #GGGI #Africa #ClimateAction Dr. Malle Fofana Angela Nantulya-Heinonen